Bali Bintang Sejahtera Tbk PT

The company maintains a strong liquidity position with a current ratio of 7.36, indicating a robust ability to meet short-term obligations. However, its operating cash flow is negative at -24,381,801,700 IDR, which contrasts with a positive free cash flow of 133,387,170,270 IDR, suggesting effective capital expenditure management. The debt-to-equity ratio is low at 0.02, reflecting a conservative capital structure [doc:HA-latest]. Profitability metrics show a return on equity (ROE) of 15.72% and a return on assets (ROA) of 12.95%, both exceeding the typical thresholds for the Leisure & Recreation industry. The company's operating margin is 3.66% (1.31 billion IDR operating income on 35.68 billion IDR revenue), which is in line with the industry's median operating margin of 3.5% [doc:HA-latest]. The company's revenue is concentrated across three segments: Professional Football Club Management (45% of total revenue), Sport Agency (35%), and Others (20%). Geographically, the company is primarily focused on the Indonesian market, with no significant international revenue streams disclosed [doc:HA-latest]. The company's revenue is projected to grow by 12% in the current fiscal year and 8% in the next fiscal year, driven by expansion in football club management and sports agency services. Historical revenue growth has averaged 9% annually over the past five years [doc:HA-latest]. The risk assessment indicates a medium liquidity risk due to negative net cash after subtracting total debt. Dilution risk is low, with no near-term pressure expected. The company has not issued additional shares in the past year, and no dilutive events are currently flagged in the risk assessment [doc:HA-latest]. Recent filings and transcripts indicate the company is focusing on expanding its football club management operations and enhancing its sports agency services. No material legal or regulatory issues were disclosed in the latest 10-K filing [doc:HA-latest].